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Q2 FY27 Earnings Results

#CompanyRevenue (₹ Cr)SectorRevenue (₹ Cr)Profit (₹ Cr)
🥇 RELIANCE Reliance Industries Ltd3,32,861Energy3,32,86129,550
🥈 IOC Indian Oil Corporation Ltd2,68,039Energy2,68,03922,503
🥉 BPCL Bharat Petroleum Corporation Ltd1,57,818Petroleum Products1,57,8184,863
4 HINDPETRO Hindustan Petroleum Corporation Ltd1,39,114Petroleum Products1,39,1143,625
5 LT Larsen & Toubro Ltd78,750Industrials78,7505,949
6 TCS Tata Consultancy Services Ltd73,188Information Technology73,18813,934
7 JSWSTEEL JSW Steel Ltd54,486Commodities54,4865,359
8 NTPC NTPC Ltd54,270Utilities54,2707,351
9 MARUTI Maruti Suzuki India Ltd53,356Consumer Discretionary53,3562,466
10 INFY Infosys Ltd49,244Information Technology49,2447,838
11 GAIL GAIL (India) Ltd47,301Energy47,3014,724
12 COALINDIA Coal India Ltd44,179Energy44,1796,547
13 BAJAJFINSV Bajaj Finserv Ltd43,416Financial Services43,4165,952
14 REDINGTON Redington Ltd42,947Commercial Services42,947423
15 JPL Jio Platforms40,475—40,4758,387
16 ADANIENT Adani Enterprises Ltd37,216Commodities37,2161,221
17 HCLTECH HCL Technologies Ltd35,620Information Technology35,6205,132
18 MRPL Mangalore Refinery And Petrochemicals Ltd35,590Petroleum Products35,5901,901
19 SAIL Steel Authority of India Ltd31,998Metals & Mining31,9981,750
20 ITC ITC Ltd30,578Fast Moving Consumer Goods30,5784,229
21 PFC Power Finance Corporation Ltd29,044Financial Services29,0447,682
22 VEDL Vedanta Ltd26,356Metals & Mining26,3566,202
23 TMCV Tata Motors Ltd25,338Automobiles25,3381,254
24 BAJAJ-AUTO Bajaj Auto Ltd25,126Consumer Discretionary25,1263,384
25 WIPRO Wipro Ltd24,753Information Technology24,7533,200

About the Q2 FY27 leaderboard

What does the Q2 FY27 earnings leaderboard rank?
Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.
Which companies can appear in the EPS surprise ranking?
Surprise is measured against an analyst estimate, and only 243 companies had one for Q2 FY27. A company nobody covers has no surprise to report, so it sorts below every company that does rather than being ranked at zero — in practice the ranking is filled by covered companies.
Is a large percentage growth figure always a good result?
No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.
Why do some Q2 FY27 growth figures show "n/a" instead of a percentage?
Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.
Does the beat/miss verdict cover every company?
No, and the denominator matters. An analyst consensus existed for 243 of the 1,325 companies that reported Q2 FY27 — 18.3%. Beat, missed and in-line describe only those. Every other company is marked "no estimate" rather than being counted as in line, because nobody forecast it. Revenue and profit growth, by contrast, cover every company in the table.
What counts as an in-line result rather than a beat or a miss?
Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.
Are the figures consolidated or standalone?
Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.

Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.